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To: mac_truck
Aren't you better off owning shares of company located in a country where the currency is falling? Take SA for example. When the Rand was weakening, the POG rose in Rand, so mining revenues increased, while their expenses were largely in Rand. So profits increased significantly. With the Rand strengthening significantly over the last year, SA shares have lagged.
10 posted on 02/05/2004 6:25:17 PM PST by Soren
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To: Soren
Aren't you better off owning shares of company located in a country where the currency is falling?

Good point, I'm not sure I know the answer. However, if you're worried about the US dollar's fluxuation, a foreign miner might be the place to be.

11 posted on 02/05/2004 6:50:23 PM PST by mac_truck (Aide toi et dieu l’aidera)
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